Data analysis is taking out meaningful or valuable information from a data set that can be used later in your decision-making process. When you identify and relate the results of your previous...
Category: Statistics
The critical value is a crucial topic in statistics. No matter what statistical study you're doing or conducting, critical values will always come in handy, and you're going to need a thorough...
The term Correlation Coefficient may sound somewhat scary, but allow me to explain it to you in simpler terms. Have you ever found yourself comparing the effect of one occurrence to another? Well,...
Sampling is an inherent human trait we follow whenever we want to study something, but the domain is huge enough to force us to base our study on a sub-sample only. This is true for most of the...
Well-designed research requires a well-chosen study sample and a suitable statistical test selection. To plan an epidemiological study or a clinical trial, you'll need a solid understanding of the...
When you think of “elasticity," you probably think of flexibility or the ability of an object to bounce back to its original conditions after some change. The type of elasticity we will discuss in...
